formula needs for willams%R

#1
I am using willams %R indicator for trading, I want following indication for buying & selling


Willams%R (7)
Willams%R(14)

(1) If it both touch in same time "0" (zero) meance sell red down arrow indicator &

(2) if it both touch in same time "100" ( hundred) meance buy blue up arrow indicator


Please help me
Thanks.
 

rh6996

Well-Known Member
#2
I am using willams %R indicator for trading, I want following indication for buying & selling


Willams%R (7)
Willams%R(14)

(1) If it both touch in same time "0" (zero) meance sell red down arrow indicator &

(2) if it both touch in same time "100" ( hundred) meance buy blue up arrow indicator


Please help me
Thanks.
Very few people use metastock on this Forum now ! I use MS but no idea about creating an Indicator. :eek:
Shall refer your post to a few who I think can help. Keep your fingers crossed!
 

rkkarnani

Well-Known Member
#3
Light2001, I have been directed to this thread by a fellow member!
I would suggest, please do some home work and repost your requirement after that.
Rectify what you are seeking and I am sure someone here will surely help you.

Hint: William%R has negative values !
 

KelvinHand

Well-Known Member
#4
Light2001, I have been directed to this thread by a fellow member!
I would suggest, please do some home work and repost your requirement after that.
Rectify what you are seeking and I am sure someone here will surely help you.

Hint: William%R has negative values !
<<Expert Adviser>>

Name: Buy,
Condition:
PHP:
w14:=WillR( 14 );
w7:=WillR( 7 ); 
W14=-100 AND W7=-100;
Graphic: Green Up Arrow

=== AND ===

Name: Sell,
Condition:
PHP:
w14:=WillR( 14 );
w7:=WillR( 7 ); 
W14=0 AND W7=0;
Graphic: Red Down Arrow
 
Last edited:

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